Moody’s affirmed Slovakia’s A3 rating

Moody’s affirmed Slovakia’s A3 rating with a stable outlook. Slovakia has thus maintained unchanged ratings from all three major agencies for a year. Moody’s considers Slovakia’s public debt moderate but rising. It highlighted increasing corruption and rule‑of‑law violations, as well as Slovakia’s dependence on the German economy. Tax hikes are not reducing the public finance deficit.

(aktuality.sk)